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3 Question 7 1 pts Calamity Mining Company's reserves of ore are being depleted. As a result the company's dividends are declining at the rate

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3 Question 7 1 pts Calamity Mining Company's reserves of ore are being depleted. As a result the company's dividends are declining at the rate of 10% per year. If next year's dividend is $5 and the required rate of return on its stock is 14%, what is the value of the company's stock? O $125.00 O $35.71 O $75.00 $20.83 0 $43.25

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